A PYMNTS Company

US: Despite monopoly, paving company cleared of charges

By  |  April 10, 2013

A Pennsylvania paving company was cleared of a bid-rigging suit filed against it by a federal judge, despite finding that the company did form a monopoly. According to reports, Emmaus paving company was cleared of all charges by US District Judge Cynthia M. Rufe, despite finding that Asphalt Maintenance Solutions of Emmaus did not create a monopoly when it established contracts to distribute paving products. The deals did, however, prevent successful bids by its rivals. The Judge found the event to be legal, citing a 1961 Supreme Court precedence. The lawsuit was filed last May and alleged that Emmaus secured bids to specific companies for road paving projects in several municipalities.

 

Full Content: MCall

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.